VR Therapy App Tripp Raises $11M From Amazon, Niantic
Courtesy of TRIPP

VR Therapy App Tripp Raises $11M From Amazon, Niantic

Tripp, the virtual reality meditation startup that simulates psychedelic experiences, has raised $11.2 million in new Series A funding, the Los Angeles-based company announced Wednesday.

San Francisco-based BITKRAFT Ventures led the round and was joined by the Amazon Alexa Fund, Qualcomm, HTC, “Pokémon Go” developer Niantic and existing investor Mayfield. The new funding is an extension on Tripp’s initial $11 million Series A round last year and brings the startup’s total capital raised to more than $26 million.


Tripp also used the opportunity to unveil its acquisition of Eden, a VR-based world-building platform and online social hub created by video game developer Bearded Eye. It’s the latest in a series of acquisitions for the deal-happy Tripp, which in February scooped up EvolVR, a VR platform that allows people to meditate together via virtual avatars.

“Eden allows us to create and develop more premium live programming as we scale our growing mindfulness community,” Tripp co-founder Nanea Reeves said in an email to dot.LA. “Eventually, you will see Eden expand towards allowing our community members to offer their own experiences to the community.”

Tripp launched in 2018 as a VR platform that allowed people to meditate while looking at psychedelic, “Alice in Wonderland”-esque visuals like pulsating trees and rippling sand dunes. In the years since, the company has made its foray into the world of virtual, communal meditation; in November, it announced a partnership with Niantic to expand its platform via augmented reality (AR) offerings where people can interact and meditate together.

“Our main focus is currently on scaling our consumer offering at this stage in our company life cycle, but we have ongoing research initiatives in the categories of substance use disorder, anxiety reduction, PTSD and ADHD,” Reeves said in an email. “Early results are very promising, and I believe that digital therapeutics will be a big future opportunity for us that will greatly benefit from the cross-platform metaverse distribution footprint that we are continuing to build out now.”

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keerthi@dot.la
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Courtesy of GIGXR

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Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

https://twitter.com/KeerthiVedantam
keerthi@dot.la
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Steve Huff
Steve Huff is an Editor and Reporter at dot.LA. Steve was previously managing editor for The Metaverse Post and before that deputy digital editor for Maxim magazine. He has written for Inside Hook, Observer and New York Mag. Steve is the author of two official tie-ins books for AMC’s hit “Breaking Bad” prequel, “Better Call Saul.” He’s also a classically-trained tenor and has performed with opera companies and orchestras all over the Eastern U.S. He lives in the greater Boston metro area with his wife, educator Dr. Dana Huff.
steve@dot.la
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